15, WEALD CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6UZ - £305,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 WEALD CLOSE is a midsized detached house of 121m², built sometime between 1983 and 1990. It was last sold for £305,000 in July 2005, which was around 8% above the average July 2005 detached price in the Fareham local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

15 WEALD CLOSE Sold Prices

Land registry data shows two sales for 15 WEALD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. Both of the two 15 WEALD CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2005 26 JUL	£305,000	£281,113	8% above HPI
1997 5 SEP	£127,500	£122,024	4% above HPI

15 WEALD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The two 15 WEALD CLOSE sales from September 1997 and July 2005 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 1997 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2005 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 15 WEALD CLOSE?

15 WEALD CLOSE is 121m² according to the EPC inspection conducted in January 2016. This puts it in the largest 50% of detached houses in Locks Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Locks Heath, and where 15 WEALD CLOSE lies on this distribution: 57% of detached houses are smaller than 15 WEALD CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

15 WEALD CLOSE: Plot and Title Map

15 WEALD CLOSE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 15 WEALD CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 15 WEALD CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 15 WEALD CLOSE?

15 WEALD CLOSE is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 15 on WEALD CLOSE.